What is a progressive policy in Portugal! The tax department says that trade in the cryptocurrency and payments in the computer, did you load on it. You will pay sales tax if you have bitcoin, ether, or other coins to buy it. But there is also no personal income tax is levied.
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At the request of the miners’
This statement was made in response to a request from the Portuguese miners. The tax office responded to this with an official regeringsdocument
In the document, the authority shall ensure that the exchange of bitcoins for euros, without vat, and that cryptobezitters personal income tax have to pay for it.
Inspiration from the past
In an official statement, cited by the Portuguese tax authorities for a ruling on the 2015 by the European Court of Justice. This was going to be the case all around the the Swedish portal to Bitcoin.se, and its moderator, David in This.
The district court stated at the time that bitcoin is a currency, and that the Swedish exchange, therefore, is exempt from any TAX obligations. The Swedish tax agency has, however, the statement stressed, and said that the court case has not been fully understood.
Earlier, view on computer
The confirmation follows on from a previous tax statement to the Portuguese tax authorities have previously said they are all cryptocurrency in the country to be in charge. In a document published by the agency in 2016, it argues that the proceeds from the sale of the computer is in Portugal, it is not subject to income tax.